Course Topic

Textbook Page

Class 

Alabama State Content Outline 

1. The Real Estate Commission

A. Purpose (Article 1)

2. Definitions (Section 34-27-2)

3. Licensing Requirements

A. Activities which require a license and those who are exempt

B. Cobrokering

C. Qualifications for a license

D. Renewal of a license

E. Continuing Education

F. Post License Education

G. Temporary and Original Salesperson Licenses

4. License Status

A. Transferring a license 

B. Inactive Status 

C. Reactivation of license 

5. Broker Licenses, Company Licenses, and Place of Business

A. Issuance of company and branch office licenses 

B. Issuance of broker licenses 

C. Who may serve as qualifying broker 

D. Responsibilities of qualifying broker 

E. Termination of qualifying broker status 

F. Serving as qualifying broker for more than one company

G. Temporary qualifying broker 

H. Associate broker status 

I. Operating from home 

6. Recovery Fund

A. Purpose of the fund 

B. Payment into the fund 

C. Payment from the fund 

7. Disciplinary Actions and Process 

A. Complaints 

B. Hearings 

C. Disciplinary Actions 

D. Rehearing

E. Appeals 

9. Trust Funds

10. RECAD

11. Violations which may result in disciplinary actions

A. Misrepresentation and dishonest dealings 

1. Failure to disclose known defects that affect health and safety 

B. Inducing a party to break a contract 

C. Advertising 

D. Listing Agreements 

E. Failure to give proper disclosure 

F. Keeping appropriate records 

G. Rebates 

H. Paying or receiving commissions from unlicensed persons 

I. Bad Checks 

J. Failure to inform Commission of suit/judgment/other disposition 

K. Lotteries 

L. Handling of documents 

M. Violation of rule or order of Commission 

N. Offers